Navigating the Future: Ideas to Consider for 2024
As the year draws to a close, the need for effective consulting planning becomes even more apparent. Join us for our upcoming webinar featuring experts covering hot topics you need to consider to chart a course for the year ahead. This engaging panel discussion will provide you with the latest tips and tricks surrounding cybersecurity, […]
Three Important Financial Reporting Questions to ask with M&A Transactions
The accounting rules for mergers and acquisitions (M&As) can be complicated, depending on how a deal is structured. Here are three important questions you should ask when recording these transactions under U.S. Generally Accepted Accounting Principles (GAAP). 1. Are you purchasing assets or a business? The definition of a “business” was revised under Accounting Standards […]
Five Tips on Optimizing the Sale of Your Business
It may sound obvious, but the more you prepare for the sale of your business, the better success you will have. However, far too many sellers shortcut the preparation process, relying on the perceived “country club” value of their business and rushing to market. Instead, a seller should step back and perform due diligence to […]
Preparing for a sale early could mean more than a high sale price
Business owners who intend to sell their company should operate with the goal of maximizing its value as early as possible in the business life cycle. By doing so, an owner can reap the benefits of the operational and cultural improvements, and have more control over how, when and to whom they sell their business. […]
Q2 2019 Middle Market M&A Update
Anyone waiting for a shift to a buyer’s market better be patient, as the continuing seller’s market shows no sign of winding down according to the most recent GF Data® report, a reliable source of data on private M&A transactions in the $10-250 million range. M&A Valuation Multiples by Total Enterprise Value (TEV) The following […]
5 Steps to Take When Selling Your Business
Preparing to sell a business is a complex process and often takes longer than business owners anticipate. If you are considering selling your business, here are some steps that will help you prepare. Are you emotionally ready to sell your business? How will you spend your time after you’ve sold your business? Have you developed […]
Warmels & Comstock and Layton & Richardson Join Clark Schaefer Hackett
Cincinnati, OH – June 13, 2019 – East Lansing, MI accounting firms Warmels & Comstock and Layton & Richardson have agreed to merge with Clark Schaefer Hackett (CSH), a top 100 CPA and advisory firm. The merger will take effect July 1, 2019. “We are excited to have Warmels & Comstock and Layton & Richardson […]
Is there a solution for physician burnout?
We think so. You’re not alone if you’re a physician experiencing burnout, but you already know that. According to the 2018 Physician Foundation Survey, 78 percent of physicians are feeling burned out, and 55 percent describe their morale as negative, consistent with previous years. For a long time, physicians have been dealing with multiple challenges—managing […]
Middle Market Merger and Acquisition Update and Outlook
Middle market merger and acquisition (M&A) activity continued strongly in 2017, with valuation multiples surging to ever higher levels. As valuations continue their rise, sellers are seemingly in the driver’s seat led by several factors, including: Optimism that the economy is strong and the current administration is business friendly The continuation of low interest rates […]
Ready to sell your business? Take these steps for a successful transition.
As the baby boomer generation ages and the Gen Xers and millennials come of age and go off to do their own thing, many businesses owned by boomers are left without a natural successor. Many of these business owners are finding that their children and grandchildren simply do not want to take over the family […]